Hamilton to build international M&A portfolio
Hamilton Insurance Group Ltd is working to build an international mergers and acquisitions portfolio, and has made an appointment for a lead role in its M&A division in North America and Latin America.
The Bermudian-based speciality insurance and reinsurance group intends to recruit soon for a similar position in London.
The new appointment is Aartie Manansingh. She will be based in New York. The company said Ms Manansingh’s appointment signalled Hamilton’s intention to build an international M&A portfolio.
Pina Albo, Hamilton Group chief executive officer, said: “We are truly delighted to be able to announce Aartie’s appointment to this critical position at Hamilton. Since we completed the acquisition of Pembroke Managing Agency and related businesses last August, we’ve been delivering on our promise to unlock the potential this transformational deal represents to Hamilton.
“We see great opportunities in rebuilding a profitable portfolio of M&A business, as our colleagues in Hamilton Managing Agency have done before, and know that Aartie is exactly the right person to help us develop this line of business.
“We’ll soon be recruiting for a similar position, to be based in London, to lead the development of our international M&A book.”
Ms Manansingh comes to Hamilton from Willis Towers Watson where she was a director in WTW’s Mergers&Acquisitions Group.
She has almost ten years of M&A experience, which includes a position as assistant vice-president at Ironshore Insurance Services Mergers&Acquisitions Group and as senior underwriter at Allied World Assurance Company. She began her career as a corporate M&A associate at New York firm Kelley Drye&Warren, LLP.
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